£477,856
This estimated value is based upon the latest sale price for the house of £486,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for NORFOLK 1
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| Price Paid | Date |
|---|---|
| £486,000 | 26 Jan 2023 |
| £260,000 | 4 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,493 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORFOLK to estimate the market value.
When this house was purchased in January 2023 the House Price Index for NORFOLK was 149.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.676%.Applying this -1.676% change to the original purchase price of £486,000 results in an estimated price of approximately £477,856.
| 26 Jan 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.2 | 146.7 | -1.676 % | £486,000 | £-8,143 | £477,856 |
The Postcode Pricing Model uses changes in average sales price within the NR5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -4.706 % | £-22,870 | £463,129 |
| 3 Month Average | -5.211 % | £-25,323 | £460,676 |
| 6 Month Average | -8.173 % | £-39,721 | £446,278 |
This house has a floor area of 138 sq meters or 1,493 sq feet when measured on 24 Feb 2010.
The average size of a house on LION CLOSE is 159 sq meters (1,719 sq feet).
This house is the smallest in the street with a floor area of 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lion Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Britannia Way |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Britannia Way |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Worcester Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Worcester Road |